CMA music streaming market study: what’s going on?
Source: The Platform Law Blog
Author: Tom Smith
Music streaming is a fascinating industry, and many people were looking forward to seeing how the UK’s Competition and Markets Authority (“CMA”) had used its wide-reaching information gathering powers to uncover any problems. This is a huge and culturally-important industry for the UK, and it seems to operate in some weird and convoluted ways. There were big questions to be settled about the strength of the major music labels, possible collusion between them, and how to ensure songwriters could make a living from their talents. But then the CMA’s interim report was published on 26 July 2022, and it produced…